Manipal Health Enterprises plans to raise ₹8,000 crore through a fresh issue for debt repayment and expansion. The company’s revenue grew strongly in recent years, while margins faced pressure. Its occupancy rate declined, and geographic concentration is noted in Karnataka. The promoter group’s stake will decrease after the initial public offering. Investors may consider waiting for post-listing clarity due to aggressive pricing.
Turnaround Story: 8 stocks shift from loss to profit in September ’26 quarter
A “Turnaround Story YoY” indicates that a company has moved from reporting a net loss in the corresponding quarter last year to posting a net